by our College Data Analytics TeamMany students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Paul Mitchell the School Mclean can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Paul Mitchell the School Mclean provide, and just what are you going to be eligible for? Read on for answers. Scroll down to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Paul Mitchell the School Mclean.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,337 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The median student at Paul Mitchell the School Mclean graduates with $9,833 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Paul Mitchell the School Mclean.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $6,500 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $16,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $10,556 |
| High income | $8,389 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $10,556 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,389 |
| Independent students | $13,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Paul Mitchell the School Mclean.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Paul Mitchell the School Mclean:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3258 |
| Total Stafford loan amount | $34,054,724 |
References
More about our data sources and methodologies.